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Get your taxes done using TurboTax
Sounds like a mistake on the part of the title company and you might want to demand a corrected 1099-S since you received ZERO proceeds. If they do not have a reasonable explanation maybe tell them you're going to retain legal counsel if they fail to correct their error. Otherwise you can always enter the 1099-S on your return and then reverse the figure on Schedule 1.
‎December 4, 2024
10:13 AM